Great video! Now with the new Taycan just announced, the 2nd hand prices will drop even more.. so your video is really at the right moment. Danke from Germany. Lookin forward to more Taycan content!
Thank you for watching! That is very likely. The Taycan is just like any other everyday car - unlike the 911 which holds the value much better. I'd expect the used Taycans to lose ca. 10% (linear) per year from the new base in April 2024.
@@morten_hannesbo Yes. I am looking at reviews at the moment because they are so tempting! I am just a bit afraid that the range of 444 WLTP km is too small. This may be a real range of 333 km so in a trip it means that you need to stop to charge every 300 km... Performance Plus battery adds a range of 50 km, which is essential
@@RafitoMembroza Consider the fact that the Taycan charges ultra fast. If you use the navi system's preparation and preheat function, charging 10-80% takes just 18 mins at a 300 kW DC charger. Stopping every 2 1/2 - 3 hrs for 20 mins is no issue then.
First time I am seeing a video from you. Very well done. I bought my Taycan new and have only had a squeak in the suspension that was taken care of but I think it’s good to mention these things to be fair to a prospective audience. It’s an awesome car and I hope you enjoy yours.
Thank you for watching! Your comment is highly appreciated. Do have a look at some of my other videos! Yes, I enjoy my Taycan. I have two other Porsche 911s and try to keep them all running...
@rubenharris9241 did your heater last and what model year did you have? I am considering one but I keep hearing about heater failures and that’s unacceptable for winter
Thanks for the video. I am driving the same model for about 2 years and it is absolutely fantastic, comfortable, sporty and a great autobahn vehicle. I head two recalls: the heater and the onboard charger, both covered with the guarantee. The only problem is the price drop for people like me that bought a new one.
@@lafayettejones7458 Well, yes, that is very much possible. This being said, luxury goods should not be aggressively financed by a third party, if one buys such a car, one should have a healthy share of equity.
Beautiful car, and now with a nice price. My problem with this vehicle, and something you haven’t mentioned is the maintenance. Dealers are charging a fortune for maintenance and to fix the things you have highlighted. The whole point of EVs is cheap maintenance and this is something that is not happening with some legacy ev manufacturers.
Very insightful video. I am waiting for the 2025’s (facelift) to hit the streets in anticipation of a further decline in prices for the used market. Do you think there is much difference between a 2020 4S vs a 2021 or even 2023 4S? Seems like there weren’t many changes year to year. The same options seem to be available for all years.
Thank you for watching! I think the 2020 model year should be avoided. The 2021 model year and newer have less issues. I expect the prices of used Taycans to keep dropping, but the decline in prices will rather be in line with the rest of the market, say a 10% linear drop per year from the new base per April 2024. The Taycans are unlikely to enjoy the usual Porsche price stability for a long time to come, in fact I do not think the Taycan in its current form and shape will become an attractive "old" used car as the 911 normally is. The Taycan should rather be seen as a normal everyday car similar to the Cayennes and Panameras.
I think the expectation that depreciation rates for all EVs (not just Porsches!) will fall into line with the broader ICE market over the next several years is probably optimistic, given how rapidly the technology is developing. I would not advise anyone to buy an EV if they expect to resell it and not take a hosing relative to what they'd get back on a comparably priced ICE car.
Very nice video Morten. Im based in CH too and owner of a etron-GT. Lease expires and warranty too , so considering a moved to a used taycan with porsche approved and all the checks you mentioned. Do u recommend this approach?
@@carlosgalindo7653 Hi Carlos, thank you for your comments. Both cars are really nice cars, I'd recommend both, it comes down to design and maybe running costs (Audi is somewhat less expensive to buy and run). If you want a Taycan, then I'd recommend you look for a low mileage and young specimen, say registration late 2023 or early 2024, they are a bargin right now.
Thanks for the video. I am also looking for a used Taycan while I am still driving (and liking) my Tesla MY Performance. But over 50% off the list price for a used Taycan in great condition is interesting value for money to me. I hope I will find a good deal within the next weeks and months...
Great video, easy to follow. Im not a car enthusiast but I really like this car, and will definitely buy pre-owned certified here in Florida. Thank You 😊
Great content and thanks for the advice as i’m totally new to EV but have been a porsche car fan for years. It’s the 4S that appeals to me and yours is a lovely looking example ❤
Porsche is so convinced of its own reliability that it offers the full 3 year warranty...Isn't that a treat or what 🙄? And, anyone else here thinking that such a vast number of issues is unworthy of Porsche? At Toyota, half of the design bureau would probably have been sacked...
@@morten_hannesbo I also saw many Taycans beiing sold at that price, so i belive mr @buddydadd is making a good business. My first thought was also the warranty validation. I live in Hamburg and here you have some Taycans on sale, at this price. Thanks for this good video mr. @morten_hannesbo . Danke.
Hi I enjoyed your video. Great pointers and I followed each one of those before I bought my 2022 Taycan . I love this car it only had 10,500 miles on it. Still has two year warranty
Great video, thanks. Beautiful car, as well. When servicing the wheels, you always know someone that doesn’t work for Porsche, because the center caps don’t point to the valve stem. :)
Excellent information and beautiful car! Congratulations. I’m thinking of purchasing a certified preowned Taycan 4S, but not sure what maintenance is going to be required on an EV and what it is going to cost after the service warranty expires? Does anyone have experience with this? Thanks
A used, well maintained Taycan looks attractive to me. The service- and repair costs plus tyre cost will be high whatever. See my other two Taycan videos for details.
Thanks for the advice. I’m considering a used Taycan too. How did you black out the chrome? Was it replaced or wrapped? What style wheels are on your car?
Hi, thx for watching. The wheels are 21" Taycan Exclusive Design Wheels, originally painted in the same colour as the car. The chrome was blacked out using wrapping. I had it done by a local specialist.
First time viewing your channel; good video. So what was the ultimate driving force for buying this 4S? What is the low price, the build or simply that you missed the Porsche EV ?
It was an impulse after having seen how much the Taycans had dropped in price. I looked around and found this low mileage 4S and decided to buy it on the spot, subject to Porsche Service checks. The car looks like new and drives really well. Over the winter I drive my Range Rover but for the summer I like to drive a more sporty vehicle. Having had two Taycan turbos previously, I knew exactly what to look for. The 4S brings it all together at a reasonable price.
My personal decision would be to buy a car in the country where I live and use the car. If I would live in the EU, buying a car from another EU country could be an option but in case of any problem you are stuck because of the physical distance, language and different legal frameworks. Anyways, thank you for watching.
Currently also looking and researching to buy 2x. Would be for the Cross 4s and possibly even the Turbo. Any other important things to consider? Thanks for this video! Greetings from the Netherlands.
Hi, I would look for a low mileage Model Year 2022 or 2023. Personally I prefer the limousine over the turismo and 4x4 over RWD, but I live in CH and have a Range Rover for times when I need space.
I’ve been looking at taycan on Porsche uk website. Gonna wait for one to come along with all the right options. Must have matrix, adaptive cruise and lane keeping. Surround camera with park assist. Head up and night assist would be a bonus. But have to say, your video had scared the crap out of me
Hi, thx for watching. I always had Porsches with leather but wanted a different trim this time. The race Tex is actually more comfortable, warms up really fast and holds the driver firm in bends. Is highly recommendable.
Great vid, thank you! Taycan Cross Tourismo is #1 on my list if I can find one in the USA at the right price point (for me). My must haves are rails for a ski box and adaptive cruise for ease of use in traffic. In your list of updates/replacements, software updates are free free so I don't care about those. What physical goods did you have to have replaced? You said, "electric motors were updated"; these are wicked expensive if updated means replaced! Similarly, you said charging port was updated, does that also mean replaced? And the PCM screen(s)? Only the center one? Thanks again!
So far I have only had hardware checks carried out by the Porsche dealer and software updates. The car will, however, have to go back to the dealer again in October to have a brake hose change (voluntary Porsche recall). This being said, I believe the Porsche dealer sometimes changes stuff under warranty without telling you - Porsche does not want the reputation to suffer. But all in all the car is absolutely fantastic and coming up to 4 years in January 2025, all has been fixed under warranty. I will extend the warranty to avoid discussions with Porsche about any hardware issues which may come. But let us not forget that all cars have issues after a few years - Taycans just had a lot in their early days.
Very nice video, very informative thank you! Do most of the points you raise for the 4s also apply to the E-tron GT Quattro ? Would be interesting to know if Audi managed to have less issues with their version of the car.
I bought a used 2022 Taycan RWD about a year ago and I noticed the heater wasn’t working at all. Thank goodness Atlanta had a mild winter. I’ll be taking the car in for servicing next week….
Very interesting thanks. I was considering a 2022 Taycan Cross Tourismo 4S which has lost 52% in 2 years whereas my 2020 Cayenne S has only lost 48% in 4 years. But seeing the improvements in the new model (range, power and charging times) I think I will wait a bit longer.
@@datogadelia I think I will hang on to my Cayenne S for another 2-3 years. It's only done 40,000km and drives like new. I just did a 2000km road trip in it and I was amazed at the comfort (11 hours in the seat on one day and got out without any pain) and the economy for such a performance engine (28.8mpg over the 2000km)
Hello Morten. Greetings from Switzerland and thank you for very very precious info and a great video. I am in the market for a used Taycan. Curious: what do you think of the turbo / turbo S. Somehow they seem to be less popular than the 4S. Why?
Hi, thx for watching and thank you for your question. My take on this, having owned a turbo and a turbo s cross turismo earlier; the turbos are very well equipped and relatively expensive to buy and run with heavy tyre wear and high insurance costs, and some of them have been used quite hard. I decided to buy a 4S which is a good value/price proposition, and you find good, well maintained specimens out there. My 4S accellerates 0-100 in 3.55sec, fast enough for me. The turbo s I had was just too fast for my daily driving.
@@morten_hannesbo Thank you Morten. The market is crazy at the moment, and I am quite tempted by a low km fully equipped 2020 turbo for 93 K including 3 years of Porsche Warranty and ... new tyres. Does that sound reasonable? What issues in the 2020 model year are you concerned about?
@@N807DS The first units had various bugs but they should have been fixed by now. I would, however, look for a 2021 MY or younger. Prices of turbo s are coming down, too. Do not pay more than 80-82'000 CHF for a 2021.
@@morten_hannesbo Hello again Morten. The more I watch your videos the more I see you as a real and precious asset for us car buyers. Many thanks and please keep up the great work. I love your honest, factual and professional approach., I have not yet made my move on the Taycan -fortunately- as prices are crashing again. My impression is that Porsche dealer network has initially tried to absorb the excess supply and keep prices up but they are now surrendering and letting the market play out as evidenced by massive price reductions at several Porsche dealers. What do you think?
I'm interested in hearing your thoughts on the new Taycan and whether it stands to go down in price as rapidly as this older version, or not. If issues have been fixed, it might retain its value - yes?
Thank you for watching. I had a quick look at the new pricing structure of the 2024 Taycan (facelift). After correcting for more equipment and the bigger battery the pricing is pretty much carryover. I assume that Porsche have kept prices high to support the used car prices of the pre-facelifted model and that they will produce less Taycans (let us say on average 30,000 units per annum). While it is always difficult to predict future residuals I would not be surprised if we'd see similar price drops for the new model, i.e. -50% after three years. Let us not forget that a new Tesla Model S costs just half of a new Porsche Taycan. I recommend you get a lease offer and see what residuals the leasing company have calculated for the new Taycan and look at the total cost over 36 months incl the up front payment.
My car has almost same issues, heating stopped working, battery issue, and more than that, the seat was giving squeaking noises, car was fixed under warranty
@@phuu186 Well, yes and no. Have a look in the video at 3m00s and again at 5m20s - here you can see all the factory recalls and what had to be made on my car. The last thing was the heater unit for the cabin which was replaced in March. Since March 2024 no other issues occured.
Did you read out the battery degradation of your Taycan before you bought it? I've seen that the Porsche Centers don't provide any information on this either. Would it not be important to have information on this for an EV that you buy used? Would you buy from privat because cheaper and then book the warranty extension from Porsche or directly at the Porsche Center? Buying a used one from a Porsche Center would be the safest way to go I would think, but then at a rather higher purchase price.
I asked the Porsche Dealer for a read out of the battery and he said they cannot do it (what seems strange as I am sure they can). Porsche is very cautious on this subject because of the traction battery issues which I also mentioned in the video. As long as the car is under warranty it is less of an issue, but I know that there are specialists who can do a read out. In terms of buying from private sellers - I think this is fine, just have the VIN No checked before you buy and pay and do make sure that the car is still under warranty because then you can buy the extension from Porsche.
That’s just too much money to spend on a car that’s not reliable. Then, if even if something breaks down, it costs more than an arm and a leg to replace…if you can find parts. I’m a car enthusiast and like to fix things myself, so there is some level of practicality built in too. Sometimes I just look at cars like this that have multiple problems within the first few years of ownership and think, “wtf, who would spend this type of money on bad engineering?!” Don’t get me wrong. The car - when running, is a fantastic driving experience…but when my Honda hasn’t needed any service beyond the basics for more than a decade…I start to wonder if it’s all worth it.
As you say, essential for 2nd hand buyers to be covered by an extended warranty. But what price a warranty for a 5 to 10 year old Taycan? Is it possible that today's 2nd hand car values could be further undermined when they are uneconomic for warranty cover?
Thx for watching. At present Porsche offers optional warranty up to 15 years at approx 1600EUR per annum, but with KM restrictions on the battery. This may change based on Porsche's learnings over time. If Porsche is serious about selling Taycan and Macan EVs they need to significantly improve their EV warranty policy.
I never knew there were so many problems with this car. I guess it just shows their inexperience in full ev. Do the more recent models leave the factory with all those issues fixed? I’m liking the gen1 looks over gen2.
I am sure there will be other problems with Gen2, but do not let that put you off. The Taycan is great and Porsche will fix the problems if any. Only thing to moan about is the high price tag.
I never needed the Porsche Approved Warranty but I am sure it is the best warranty product for a Taycan. Pricey, yes, but Porsche's warranty reputation is good.
there is a crazy stock of Taycan in Germany, check out mobile with over 2000 nearly new Taycan. In germany it was taken as company car as you do not have to pay the 1% tax. Company cars are only driven for 1 or 2 years in Germany, thats the reason for the huge amount. In Germany Porsche keeps the prices high and stock piles thousands of Taycan, in the US the Porsche dealer do not buy Taycan anymore because their stocks are full of Taycans. Prices are eaven much cheaper in US and UK, you get a very good one for 40 000 there. Prices in Switzerland and Germany are still way to high but will come down soon.
Great video and presenting. One thing to add: check radiator cooling fans. Those are located in front of front wheels inside the fenders. Front wheels shoot up rocks, sand etc directly to the fans and first you get loud crinding noise and the ultimately they get stuck and stop working. It's just a bad design by Porsche. Battery is cooled via these fans and if they don't work, you can't DC charge the car at full, or even reasonable power as the battery overheats.
Thank you for watching! I tested the EQS SUV (see my video: 1000km Full Review of the Mercedes EQS SUV - 10,000 VIEWS! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7-FVu4awAv0.html ). The EQS is like a spacious family car, the Taycan is a sports car. Both have taken huge price hits and are now available after low prices used.
Regarding the cost YOU have incured while owning those Taycans! : Every time you had to deliver the car to the Porsche center for repairs, you lost income and cost of transportation. There is huge cost involved in this!
I only had one day where the car had to be taken to the dealer outside of the normal service work - it was to replace the cabin heater. To my knowledge all other work was made when the car was in service anyway. But do notice that my car has not had a new battery - many of those owners affected by a traction battery change had some poor service experience and long repair time - even weeks or months.
If you live in North America, do yourself a favour, don’t go near any electric Porsche vehicles. Until they come with NACS compatibility they are impossible to road trip without major delays.
I’d disagree, how often are people actually road tripping? If you need to road trip just rent a road trip car It’s a similar argument to people buying a pickup truck ‘just in case’ they need to tow, or people buying an SUV ‘just in case’ they need the extra space. At the end of the day just buy what you want and enjoy life
@puffpio ....this right here! In the 4 years I've owned my Model S I've taken it on exactly 1 road trip longer then 300 miles. It was free, as I have free supercharging for life on that car. I'm looking for a new EV this year and the Taycan is at the top of my list. The handling, fit and finish along with the service experience place it there. I'll rent a car if I need to take a road trip.
@@ferrynpalmer3875 Thank you for watching. I agree with you about the roadtripping. Anyways, in Europe there is a widespread charging network with superfast chargers (eg IONITY) so roadtripping is not a problem. The Taycan is so good to drive, so highly recommendable.
@@morten_hannesbo ....I yearn for the day the US takes ev infrastructure as serious as you do in Europe! The Tesla experience is phenomenal infrastructure wise. But coming from BMW, Lexus and Genesis....the service experience sucks. The fit and finish on my Model S sucks. But at the price point I can't complain too much honestly. 1st world problems. But if I can get a 2 or 3 year old Taycan for the SAME price as the same vintage Model S.....I'm switching!!
Being from Miami, my concern is the air conditioning system. Have you heard anything about problems? Is the heating system part of the air conditioning system?
There’s no videos of owners in the USA. Why is that? I’m a car guy and i am looking for a daily driver and I will be leasing super cars. This was one of the cars I was looking at for a daily but man it’s sad to see no one here has reviews for it
I’ve heard the tire life for electric cars is pretty dismal compared to ICE vehicles, maybe around 12k-20k miles depending driving habits. How has your experience been?
Hi, thx for watching! Yes, the tyres wear faster than for ICE cars. It is a function of vehicle weight and torque. The Taycan 4S needs new tyres after 12-15000 miles. A standard range Tesla M3/Y with rear-wheel drive will not need new tyres until 25-30000 miles.
Possibly it will have an effect, but I think Porsche's strategy for the new Taycan will have more effect on used Taycan prices. Thank you for watching!
No regrets at all. I had a Cross Turismo turbo s in 2021/2022 and there is not a lot more space in the trunk anyway. Besides, I like the design of the 4-door better.
I've just sold a GT3 and looking for something exciting juts more usable. A Turbo S Taycan seems like the beat option for me, but ongoing depecation is scary. They seem like amazing value at £85k (£165k new), but can it really drop to £40k in a few years?
Oh, no, you sold your GT3 ! A Taycan turbo s is great, but make sure the price is right and the factory warranty is valid. £85'000 may even be a little too high for a 2 1/2 year old car... Anyways, I expect the Taycans to keep dropping in price with approx 10% per year (linearly) from the new level, i.e. if you buy one for £75'000 and drive it 10000 miles/year, expect it to lose approx. £7500 per year over the next 5 years, i.e. from £75000 to £37500, and still with a minor and very unlikely risk of a battery repair or replacement (the battery is warranted for 8 years to a max. of 100000 miles).
@@morten_hannesbo yeah it's a shame to sell it, but I couldn't use it as much as I would like. It's a Taycan Turbo S Cross Turismo that I'm after, it think £85k is about right for very low miles, but then I'm a novice...
I love the Taycan and have always considered gettint one, but it has serious problems that they've done a good job keeping on the down low. Make sure you have a certified pre-owned warranty!
Looks amazing, especially with the black wheels ! Maybe the original MSRP was "market value", just like the model S plaid when introduced, but being EV's, it may not be a brand-thing, rather an EV-thing, where all EV's are (now) experiencing huge-depreciation
Hi, the Taycan is better than its reputation so personally I would buy from a private seller, too, but I'd make sure that the Porsche Approved warranty can be extended. Buying from a Porsche Centre will be the best option but also the most expensive option. Porsche may offer a good finance deal on used Taycans, though, balancing a bit the price disadvantage.
Worth mentioning that in Switzerland, for Luxury brands (Audi, Merc, BMW, have not looked into Porsche but I imagine the same) the list price is anywhere from 10k-30k Euros/Francs more than some other European countries (Germany for one). If you add options, those are more expensive as well. Quite easy to do, with the wealth in this country and also since most people lease, they only care about the monthlies. I can afford the monthly so I'll buy it, nevermind that the dealer is taking me for a ride and making a killing is a common approach, even more so here. When used, said cars usually fall very much to european level pricing, making it appear that they suffered heavier depreciation, when in fact the prices were inflated to begin with. Even more so with BEVs. Just because Porsche thinks it's worth 170k, doesn't mean it is. Is it better than an M8? Yeah, nah.
thanks for this report. I was considering buying one of these in '21 when I was looking at EV replacements for my Tesla. Glad I didn't buy it. This level of problems reminds me of GM's ill-fated Vega.
People still don't get it. ALL EVs will have resell issues, ALL. You can't fight the technical innovation that will always date high-technology products with Screens, computers & batteries. So while you're surprised about the declining price for "EV Porsche" , everyone else that knows this, isn't surprised.
Yes, sure, but maybe a surprise to you that there is little difference between the residual value of a new 2025 911 and a new 2025 Taycan. After 4 years Porsche Financial quotes a residual value of 38% for the 911 and 35% for a Taycan.
@@danbrown3460 Over the last 4000 miles I averaged 31.07 mi/kWh (20.0 km/kWh) which gives a every day range of 252 ml (405 km). Works for me. 10-80% fast charge takes just 18 mins making long trips very easy.
The many problems are embarrasing, but do not only apply to Porsche. VW, Ford, Audi, Mercedes and BMW and many more, even Toyota bZ4X have their gremlins.
buying a used car, perhaps out of warranty you absolutely need to consider the battery replacement cost. You have a Taycan great, what is your loan amount, now if your battery dies, how much is that? 30k? My Model S 100D is about 22k. How will you pay for that? Now you have a loan for a car and you have to pay for a new battery.
@@hkad6252 I was just using my Tesla as an example. Battery's in EVs get replaced. Its inevitable. I'm guessing you don't own one or really follow the industry. That's fine.
That warranty is abysmal, that priced car should have a better warranty or you're just losing out on money if anything happens. Was seriously considering it until i saw that poor warranty numbers
I had a Polestar 2 for two weeks and would never go back to polestar again. Actually waiting for the new Taycan (2025) or a new facelift of the Model S.
As a former Taycan owner, no, there's never a good time to buy that pile of junk. Such a bore, tons of electrical/software issues, poor range, too heavy, depreciating like no other, etc. Stay far, far away.
You sound like someone who doesn’t know how to research before you buy. Poor range? You couldn’t figure that out before you purchased? Such a bore? You didn’t test drive? Too Heavy? See previous two questions. Honestly doesn’t sound to me like you truly even had one.
Thx for watching. I will make a video incl charge test in May - but for your info: Mixed driving in spring temp: 375 km. Highway driving spring: 340 km. Highway driving winter: 300 km. Driving max 100 km in range mode in spring temp: 410 km.
Porsche went moronic with service prices. Here is Finland, It is hard to get insurance for this car because battery replacement from Porsche cost over 80 000€ and battery gets damaged easily. Same time battery replacement from Tesla cost 24 000€. Wtf Porsche
Useful information. All electric cars have a "use by date" of about 10 years when the battery will need to be replaced. Low mileage electric cars can still have battery capacity loss due to aging of the battery which will happen. Ex Lease cars might have been rapid charged a lot so this might increase the chance of battery capacity loss. A battery report might tell you the battery loss is 5% which is 13 miles in the Taycan but might degrade by 10% in the next year dropping another 12 to 13 miles. Porsche state they will replace the battery after a 31% loss which is 75 mile loss of range (250 max range from 93kwh battery). With any electric car you need to think about replacing the battery or loosing money. I bought my Cupra Born brand new but expect to replace the battery after 8 years (8 year warranty) because the range will drop.